Workhorse (WKHS) Enterprise Value (2010 - 2026)
Workhorse (WKHS) posted quarterly Enterprise Value of -$12.9 million for Q4 2025, down 94.6% year-over-year from -$238.9 million in Q4 2024, and up 49.41% quarter-over-quarter from -$25.5 million in Q3 2025.
Analysis
Workhorse (WKHS) Enterprise Value (2010 - 2026) Analysis & Trends
Workhorse (WKHS) has reported Enterprise Value for 16 consecutive years, with -$12.9 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Enterprise Value fell 94.6% year-over-year to -$12.9 million; the TTM figure through Dec 2025 stood at -$12.9 million (down 94.6% YoY), while the FY2025 annual figure was -$12.9 million, down 94.6% from the prior year.
- Enterprise Value improved to -$12.9 million in Q4 2025 per WKHS's latest filing, from -$25.5 million in the prior quarter.
- Across five years, Enterprise Value topped out at -$2.2 million in Q2 2025 and bottomed at -$338.9 million in Q2 2021.
- Historically, Enterprise Value has averaged -$98.8 million across 5 years, with a median of -$70.7 million in 2023.
- Annual changes were most pronounced in 2021 — Enterprise Value plunged 1193.47% — and 2024, when it soared 91.5%.
- Workhorse's Enterprise Value stood at -$201.6 million in 2021, then soared by 50.77% to -$99.3 million in 2022, then jumped by 73.97% to -$25.8 million in 2023, then jumped by 74.35% to -$6.6 million in 2024, then slumped by 94.6% to -$12.9 million in 2025.
- Business Quant data shows WKHS's Enterprise Value at -$12.9 million in Q4 2025, -$25.5 million in Q3 2025, and -$2.2 million in Q2 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Tesla | 1,239.95 Bn | 1,196.43 Bn | 4.75 Bn |
| 2 | Toyota Motor | 260.67 Bn | 126.44 Bn | 12.27 Bn |
| 3 | Honda Motor | 131.87 Bn | 91.73 Bn | 8.46 Bn |
| 4 | Ford Motor | 80.90 Bn | 49.56 Bn | 6.08 Bn |
| 5 | General Motors | 77.59 Bn | 52.87 Bn | 7.33 Bn |
| 6 | Ferrari | 74.21 Bn | 72.46 Bn | 1.18 Bn |
| 7 | Rivian Automotive | 21.07 Bn | 15.76 Bn | 179.00 Mn |
| 8 | Stellantis | 15.78 Bn | -25.68 Bn | 5.55 Bn |
| 9 | Li Auto | 12.15 Bn | -419.19 Mn | 417.98 Mn |
| 10 | Workhorse | 30.75 Mn | 30.75 Mn | -7.47 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.15 Mn |
| Dec 31, 2025 | 37.13 Mn |
| Sep 30, 2025 | -8.41 Mn |
| Jun 30, 2025 | -10.88 Mn |
| Mar 31, 2025 | -19.83 Mn |
| Dec 31, 2024 | 565.87 Mn |
| Sep 30, 2024 | 18.99 Mn |
| Jun 30, 2024 | 27.25 Mn |
| Mar 31, 2024 | 71.00 Mn |
| Dec 31, 2023 | 48.78 Mn |
| Sep 30, 2023 | 66.82 Mn |
| Jun 30, 2023 | 116.54 Mn |
| Mar 31, 2023 | 161.05 Mn |
| Dec 31, 2022 | 152.44 Mn |
| Sep 30, 2022 | 340.35 Mn |
| Jun 30, 2022 | 276.08 Mn |
| Mar 31, 2022 | 592.90 Mn |
| Dec 31, 2021 | 460.67 Mn |
| Sep 30, 2021 | 715.26 Mn |
| Jun 30, 2021 | 1.71 Bn |